🚨 Adam Back Blames Ethereum After Bybit $1.4 Billion Hack 🚨
The recent $1.4 billion hack of crypto exchange Bybit has sparked intense debate in the crypto community. Blockstream founder Adam Back blames the Ethereum Virtual Machine (EVM), arguing its vulnerabilities are the primary cause. According to Back, Ethereum-based smart contracts are too easy to exploit, making platforms built on them attractive targets for hackers.
🔥 Security comes first when choosing a crypto exchange!
According to recent rankings, the top three safest exchanges today are:
🥇 Binance – Leader in liquidity and security.
🥈 Coinbase – Highly regulated and trusted platform.
🥉 WhiteBIT – Reliable, transparent, and a European market favorite.
The Bybit incident raises critical questions:
🔸 Should Ethereum rethink its approach to smart contract security?
🔸 How can users better protect their crypto assets?
